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China could shut down the world's medical systems
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China could shut down the world's medical systems
https://www.project-syndicate.org/commen...ey-2020-03

Its really inexcusable that our leaders have let China get so dominant in the medical fields.

"...Last year, Li Daokui, a prominent Chinese economist, suggested curtailing Chinese API exports to the US as a countermeasure in the trade war. “Once the export is reduced,” Li noted, “the medical systems of some developed countries will not work.”

That is no exaggeration. A US Department of Commerce study found that 97% of all antibiotics sold in the US come from China. “If you’re the Chinese and you want to really just destroy us,” Gary Cohn, former chief economic adviser to US President Donald Trump, observed last year, “just stop sending us antibiotics.”

If the specter of China exploiting its pharmaceutical clout for strategic ends were not enough to make the world rethink its cost-cutting outsourcing decisions, the unintended disruption of global supply chains by COVID-19 should be. In fact, China has had no choice but to fall behind in producing and exporting APIs since the outbreak – a development that has constrained global supply and driven up the prices of vital medicines.

That has already forced India, the world’s leading supplier of generic drugs, to restrict its own exports of some commonly used medicines. Almost 70% of the APIs for medicines made in India come from China. If China’s pharmaceutical plants do not return to full capacity soon, severe global medicine shortages will become likely...."
03-13-2020 08:58 PM
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RE: China could shut down the world's medical systems
Didn't we already have a thread on this? I know we've been talking about it somewhere. Hopefully, this will spur us to pull production back into the U.S.

But it's not just that China may have a shortage. One of their party leaders sent out a tweet threatening to cut off the U.S. supply.
(This post was last modified: 03-13-2020 09:07 PM by TripleA.)
03-13-2020 09:05 PM
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Eagleaidaholic Offline
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RE: China could shut down the world's medical systems
(03-13-2020 09:05 PM)TripleA Wrote:  Didn't we already have a thread on this? I know we've been talking about it somewhere. Hopefully, this will spur us to pull production back into the U.S.

But it's not just that China may have a shortage. One of their party leaders sent out a tweet threatening to cut off the U.S. supply.

Or Mexico and Canada since we have a new agreement with those countries. Thank Bill Clinton for the everything in China deal.
Clinton begs to allow China into WTO
03-13-2020 09:11 PM
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